The new update fixes a few small issues including the device prematurely asking for an unlock pin, and also "dumbs down" Google's unified search function which makes contacts, apps and mail search unavailable there.

Sprint recently issued a similar update to its version of the smartphone.

The reason for the change on the search is due to Apple having already patented that particular feature.

Samsung recently suffered a significant blow when Apple was able to have the Galaxy Nexus banned after it won a temporary injunction on the device. Samsung does not seem to want to take any more chances with the S3, which is arguably the hottest-selling smartphone in the market at this time.

AT&T also announced yesterday that it will launch the Galaxy S3 in Garnet Red on July 15 online.

The red variant will make its way to the carrier's retail locations on July 29.

This version will feature the same specifications as the regular AT&T model that includes a 4.8-inch Super AMOLED display, 8-megapixel camera, S Voice, and NFC (near-field-communications), 4G LTE connectivity, and a dual-core Snapdragon S4 chip.

The two models currently available on the carrier are the 16GB white and blue versions, according to AT&T's online store. It offers the device for $199 on a 2-year contract.

AT&T had stated last month that it was going to be the only company to release a red version of the Android handset. However, during its initial launch, no word of the red model had been mentioned.

The Samsung Galaxy S3 is also expected to receive the 4.1, JellyBean update in the fourth quarter of 2012.